Iron Mountain SEC Filings

Iron Mountain Incorporated (IRM) executive Mark Kidd reported a stock sale under a pre-set trading plan. On 12/01/2025, he sold 6,000 shares of Iron Mountain common stock at a price of $85 per share in an open market transaction coded as "S" (sale). After this transaction, he beneficially owned 61,081 shares, all listed as directly held. The filing notes that the sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 20, 2025, which is designed to allow pre-arranged trades under specified conditions.

Iron Mountain Incorporated President and CEO, and director, William Meaney reported an option exercise and share sales in company stock. On 12/01/2025, he exercised an employee stock option to acquire 69,125 shares of common stock at an exercise price of $36.588 per share. That same day, he sold 58,556 shares at a weighted average price of $83.229 per share and an additional 10,569 shares at a weighted average price of $83.934 per share under a pre-arranged Rule 10b5-1 trading plan adopted on August 18, 2023. After these transactions, he reported 0 shares held directly, and indirect holdings of 82,970 shares through the Meaney 2024 Master Trust and 212,680 shares through Meaney Master Trust #2. The exercised option, initially covering 829,506 shares, is fully vested and now shows 0 derivative securities remaining.

A shareholder of IRM has filed a notice under Rule 144 to sell 69,125 shares of common stock through Fidelity Brokerage Services on or about 12/01/2025, with the shares listed on the NYSE. The securities to be sold were acquired via stock options granted on 02/18/2016 and paid for in cash on 12/01/2025.

Over the prior three months, the same shareholder sold 69,125 common shares on each of 09/02/2025, 10/01/2025, and 11/03/2025, generating gross proceeds of $6,191,090.76, $7,074,293.98, and $7,102,393.29, respectively. The notice also includes a representation that the seller is not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.

Iron Mountain shareholder Mark Kidd has filed a Form 144 notice to sell 6,000 shares of common stock through Fidelity Brokerage Services LLC on the NYSE. The planned sale has an aggregate market value of $510,000, compared with 295,589,491 common shares outstanding.

The shares to be sold come from restricted stock that vested on 03/01/2024 and 03/01/2025, totaling 1,857 and 4,143 shares respectively, received as compensation from the issuer. Over the past three months, Mark Kidd has reported multiple open-market sales of Iron Mountain common stock, including 6,000 shares sold on 09/02/2025 for $546,300.00 and additional blocks of 6,000 and 7,306 shares in October and early November.

Iron Mountain Incorporated (IRM) director Christie Kelly reported a small open-market purchase of company stock. On 11/19/2025, Kelly bought 33 shares of Iron Mountain common stock at a price of $89.52 per share, coded as a “P” transaction, which indicates a purchase. Following this transaction, Kelly beneficially owned 1,308 shares held directly. This is a routine insider ownership update that shows a modest increase in the director’s personal stake in Iron Mountain.

Cohen & Steers and affiliates filed a Schedule 13G reporting a significant stake in Iron Mountain (IRM). The group reported beneficial ownership of 16,029,962 shares of common stock, representing 5.43% of the class as of the event date 09/30/2025. They reported sole voting power over 12,328,467 shares and sole dispositive power over 16,029,962 shares, with no shared voting or dispositive power. Subsidiaries hold the securities for the benefit of account holders, who may receive dividends or sale proceeds.

Iron Mountain (IRM) amended its credit agreement and IMIM incurred $200,000,000 of incremental Term B loans that are fungible with the existing Amendment No. 1 Term B loans due 2031. The new tranche carries the same interest rate and maturity as the existing facility. After giving effect to the amendment, outstanding Amendment No. 1 Incremental Term B Loans totaled $2,036,677,512 as of November 13, 2025. Other material terms of the credit agreement remain in effect.

Iron Mountain (IRM) reported stronger Q3 2025 results. Revenue rose to $1.754 billion from $1.557 billion, led by storage rental ($1.033 billion) and services ($0.721 billion). Operating income increased to $308.6 million from $251.2 million. Net income attributable to IRM was $84.3 million, reversing a loss of $33.6 million a year ago, with diluted EPS of $0.28.

Year-to-date, revenue reached $5.059 billion versus $4.569 billion. Operating cash flow was $840.0 million, while capital expenditures were $1.755 billion as the company expanded capacity. IRM issued €1.2 billion of 4.75% Euro senior notes due 2034, using $1,390,651 in net proceeds to repay revolver borrowings and to repay GBP notes in Q4. Long‑term debt rose to $15.494 billion from $13.004 billion, and property, plant and equipment, net climbed to $9.138 billion from $7.632 billion. Data center storage rental revenue grew to $201.4 million in Q3 from $150.8 million. A dividend of $0.785 per share was paid for Q3, and a $0.864 dividend was declared for payment on January 6, 2026.

Iron Mountain (IRM) President and CEO William Meaney reported insider transactions. On November 3, 2025, he exercised 69,125 employee stock options at $36.588 per share pursuant to a Rule 10b5-1 trading plan adopted on August 18, 2023.

The exercised shares were then sold in multiple transactions at weighted-average prices: 22,619 shares at $102.02, 35,678 shares at $102.922, and 10,828 shares at $103.689. After the reported sales, direct common stock holdings were 0 shares. An additional 295,650 shares were reported as indirectly held by a Grantor Retained Annuity Trust. The option exercised ties to a grant with an expiration date of February 18, 2026.